Bank of England should promise lower interest rates and see off Nigel Farage | Phillip Inman
Rate-setters would fuel growth by clarifying policy and bringing rates low enough to boost growth How can the Bank of England avoid being a loyal and trusted friend to Nigel Farage? That’s easy. It could say the cost of borrowing will tumble over the next year, step by
Read MoreWall Street surges after US and China agree to slash tariffs in 90-day pause – as it happened
Donald Trump has “blinked”, says analyst, at Washington and Beijing cut reciprocal tariffs by 115 percentage points, for 90 days at least China and US agree 90-day pause to trade war initiated by Donald Trump Asked about the details of the new tariffs between the US and China,
Read MoreBigger than expected inflation jump worsens Bank of England dilemma
Bank torn between calls to cut interest rates to boost growth and need to damp down price rises UK inflation jumps higher than expected to 3.5% Business live – latest updates For households across Britain, April was an awful month. Rising energy bills, broadband costs and the sharpest
Read MorePace of UK interest rate cuts is too rapid, Bank of England chief economist says
Huw Pill says rate cuts could fuel inflation resurgence and urges colleagues to be cautious before making further cuts Business live – latest updates The pace of UK interest rate cuts has been “too rapid” at a time when pay packet increases remain strong and could fuel a
Read MoreUK inflation jumps higher than expected to 3.5% amid bills increase
Annual rise last month driven by higher payments for gas, electricity, water and transport in ‘awful April’ Analysis: Bigger-than-expected inflation jump worsens Bank of England dilemma Business live – latest updates Inflation in the UK jumped by more than expected last month to 3.5% – its highest rate
Read MoreBritons ‘hoarding cash amid economic uncertainty and fear of outages’
Households seeking safety net in time of global volatility, according to Bank of England’s chief cashier Britons are hoarding physical cash amid extreme economic uncertainty and to provide a safety net for possible banking system outages such as the recent one in Spain, according to the Bank of
Read MoreWho is calling the shots when it comes to UK wage levels: workers or bosses?
Amid apparent rising pay, economists are concerned about the consequences of a possible shift in the balance of power When Eastbourne’s refuse collectors secured a huge 11% pay rise, increasing to 19% for the lowest paid, it seemed like worker power was back. It was early 2022 and
Read MoreBaroness Casey’s audit of group-based child sexual exploitation and abuse
The Home Secretary updated the House on the National Audit on Group-based Child Sexual Exploitation and Abuse ('grooming gangs') carried out by Baroness Casey. HM GovernmentSource
Read MoreEarly OFTO decommissioning: letter to the ENA OFTO forum
A letter from the Minister for Energy to the Offshore Transmission Owner (OFTO) industry on early OFTO decommissioning. HM GovernmentSource
Read MoreNabadaynta townhalls expand across Somalia to strengthen community-led security and justice
Following early successes in Kismayo and Baidoa, Nabadaynta Townhalls now expand across Somalia to strengthen community-led security and justice. HM GovernmentSource
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